As the cost of higher learning continues to climb, students and parents today are weighing the value of a college education and ultimate return on investment more than ever before. WalletHub’s ranking released this week speaks volumes about the tremendous value and return on investment students get from a degree from Gwinnett Technical College.
Gwinnett Tech ranked in the top 5% nationally, coming in at #33, and was the highest-ranked community college in Georgia. To determine the best community colleges in the U.S., WalletHub analysts compared 821 institutions across the country considering twelve relevant metrics relating to three key dimensions: cost and financing, education outcomes and career outcomes.
The data used to create the rankings were collected from the National Center for Education Statistics, Council for Community and Economic Research, and College Measures. When weighing Cost & Financing, WalletHub analyzed cost of in-state tuition and fees, availability of grants, cost per student, school spending efficiency and faculty salaries. Education Outcomes factored first-year retention rates, graduation rates, transfer-out rates, student-faculty ratios and credentials awarded per 100 full-time-equivalent students. Career outcomes weighed return on educational investment and student-loan default rates.
WalletHub is personal finance website founded by financial guru Odysseas Papadimitriou to help consumers efficiently attain WalletFitness™ so they may enjoy life instead of worrying about money. WalletHub offers an online community that allows people to search for and compare financial products and interact with a community interested in making smarter financial decisions. WalletHub publishes many independent rankings that are well-respected and valued in the industry.
Gwinnett Technical College President, Dr. D. Glen Cannon says, “It’s an honor to be ranked so high on this list. WalletHub’s ranking is a great validator that we have a true formula for success. With cost at only $89 per credit hour and a 98.7% job placement rate, we are offering our students a big return on their investment. Gwinnett Tech continues to deliver valuable, career-focused education for real world high demand jobs.”